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Criteria Products Register BDM team
Criteria Products Register BDM team
We’ve made the decision to bring forward some planned changes to our Residential and BTL lending criteria. • From Wednesday 8th April we’re capping the amount of debt customers can consolidate when remortgaging to £50K or 10 debts. • We’re also temporarily reducing our maximum LTV for debt consolidation cases to 80% for Residential [...]
We’ll be offering desktop valuations for all of our lifetime mortgages from 6 April We have been working as quickly as we can to implement an alternative way of valuing without a home visit. We’re pleased to announce that as of Monday April 6 we will be moving to desktop valuations for all [...]
Latest updates in the current situation In the current times of uncertainty within the market, we’re pleased to announce that we now have Desktop Valuation solutions for the majority of our products. Both our Heritage and Sovereign ranges now have valuation solutions, allowing applications to progress as normal. We’re fully operational from KFI right [...]
With effect from 10am - Tuesday 14th April, we've changed the interest rates and LTVs across our Lifestyle Options and Capital Select Options. We're also temporarily closing Lifestyle Gold Plus, Lifestyle Platinum, all Voluntary Select Options and all Prestige Options to new business. Our new interest rates are shown in the Product Information table below [...]
We appreciate that due to coronavirus many customers are reluctant to let surveyors carry out the usual physical property valuations and that many surveyors willl no longer conduct them. So we can continue to help meet customers' needs, we have found an alternative approach. We will be valuing properties using a remote desktop valuation [...]
Julie Goodwin, Head of Business Development at Chorley Building Society discusses this growing trend. It’s no surprise as life expectancy continues to grow, the number of those continuing to work later in life is also growing. Recent figures from the 2019 seasonally adjusted Labour Force survey by the Office for National Statistics suggests that [...]
Welcome to this week's Protection Update. Please take the time to read through the update as there may be some information that is important to you. Included in this week's update: Guardian answer some of your questions, as well as announce new pilot remote medical screenings; AIG to start conducting virtual medial examinations; Aegon [...]
Welcome to this week's Mortgage Update. Please take the time to read through the update as there may be some information that is important to you. Included in this week's update: Skipton relaunch residential purchase mortgages up to 75% LTV; Nationwide Building Society release interest only product; Accord Mortgages extend range of 80% LTV [...]
Aegon have launched some significant changes to their Income Protection plan that not only show that the protection market is still a key priority but also brings them back into the lower premium end of the market. Read more here